Huijin(SZ:300368) 券商中国·2025-08-31 14:44Core Viewpoint - The article highlights the increasing trend of mergers and acquisitions (M&A) in the A-share market, with multiple companies announcing significant restructuring plans, including Huijin Co., which aims to acquire a controlling stake in Cooper New Energy [1][2][5]. Group 1: Huijin Co. Acquisition Plan - Huijin Co. plans to acquire 20% of Cooper New Energy's shares and secure at least 51% of voting rights through a transfer from a shareholder, making Cooper New Energy a subsidiary [2][3]. - The transaction is expected to constitute a major asset restructuring, with the company committed to timely information disclosure as the plan progresses [2][4]. - The acquisition is anticipated to enhance Huijin Co.'s business scale and profitability, improving its overall asset quality and core competitiveness [3][4]. Group 2: Financial Performance - In the first half of 2025, Cooper New Energy reported sales revenue of 122 million yuan, a decrease of 16.92% year-on-year, while net profit increased by 22.85% to 14.97 million yuan [3]. - Huijin Co. reported a revenue decline of 32.99% to 80.94 million yuan and a net loss of 35.46 million yuan, although it reduced losses by 37.71% compared to the previous year [3][4]. - The decline in Huijin Co.'s revenue is attributed to changes in the consolidation scope and increased market competition in its smart manufacturing segment [4]. Group 3: M&A Activity in A-share Market - Over ten A-share listed companies have recently disclosed M&A announcements, including notable firms like Huahong Semiconductor, SMIC, and others [5][6]. - Specific transactions include Huahong Semiconductor's plan to acquire a majority stake in Huali Microelectronics and SMIC's intention to purchase a minority stake in a subsidiary [6][7]. - Other companies, such as Kai Fa Electric and North New Materials, are also pursuing acquisitions to enhance their market positions and capabilities [7].